683 Capital Management LLC Purchases New Position in Genasys Inc. (NASDAQ:GNSS)

683 Capital Management LLC acquired a new position in Genasys Inc. (NASDAQ:GNSS) in the 4th quarter, Holdings Channel reports. The firm acquired 91,152 shares of the company’s stock, valued at approximately $237,000.

Several other large investors have also bought and sold shares of the company. Boothbay Fund Management LLC purchased a new position in shares of Genasys in the 4th quarter valued at approximately $31,000. Evernest Financial Advisors LLC bought a new position in Genasys in the fourth quarter worth $49,000. Barclays PLC purchased a new position in Genasys during the third quarter valued at $70,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Genasys during the 4th quarter valued at $63,000. Finally, XTX Topco Ltd purchased a new stake in shares of Genasys in the 4th quarter worth about $66,000. 40.04% of the stock is owned by institutional investors.

Genasys Stock Down 2.3 %

Shares of Genasys stock opened at $2.10 on Friday. Genasys Inc. has a 1 year low of $1.65 and a 1 year high of $4.04. The firm has a market cap of $94.36 million, a price-to-earnings ratio of -3.18 and a beta of 0.76. The company has a 50-day moving average of $2.23 and a 200 day moving average of $2.91. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.33 and a quick ratio of 0.97.

Genasys (NASDAQ:GNSS) last announced its earnings results on Tuesday, February 11th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.07. Genasys had a negative net margin of 109.39% and a negative return on equity of 122.99%. As a group, sell-side analysts anticipate that Genasys Inc. will post -0.23 earnings per share for the current fiscal year.

Genasys Company Profile

Genasys Inc engages in the design, development, and commercialization of critical communications hardware and software solutions to alert, inform, and protect people principally in North and South America, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Hardware and Software.